Rigzone Industry News

Oil edged higher, rebounding from a three-week low, as traders weighed rising geopolitical risks against hawkish comments from Federal Reserve Chair Jerome Powell.

Exxon Mobil Corp. and Chevron Corp. are generating returns not seen since their heyday over a decade ago.

The North America rig count stayed flat week on week, according to Baker Hughes.

WEC logged $1.3 billion in net income for 2023.

Phillips 66 is eyeing to give up assets to support its shareholder return target and other long-term priorities while focusing investment on low-cost but high-return projects.

'NOV's fourth quarter results capped a solid year which saw 19 percent sales growth compared to 2022'.

'The Gabon flag registry started to gain popularity as a flag of convenience'.

'It is vital that Congress send an immediate message to our allies, and enemies, abroad'.

The Newfoundland and Labrador oil regulator revealed that the discovery well had been assessed to hold 340 million barrels of recoverable oil.

Rigzone speaks to representatives of Crystol Energy and Macquarie.